capitola: The contractor doesn't need to post his permit card on the job - 203k
- 08/31/13 02:57 AM
The contractor doesn't need to post his permit card on the job for my 203k Oh yes he does. LOL, I have heard every possible story in the book. Just yesterday a contractor instructed one of our crew members that it wasn't necessary to post the job card on the house any longer, it just wasn't done in his county... I pulled this off his area permit site at his local jurisdiction: "You may be charged a re-inspection fee if the work to be inspected is not complete, the plans or job card is not available at the job site, corrections … (4 comments)
capitola: what minimum upgrades are REQUIRED on a 203k?
- 04/28/13 04:08 AM
what minimum upgrades are REQUIRED on a 203k? This will show you the minimum requirements for an FHA 203k project Electrical The electrical system must be a minimum of 100 and with breakers no fuses are allowed. So if you're dealing with an older home that has a few system is a penny fuses or cartridge fuses they must be upgraded to a breaker type system with 100 A minimum 220 V.
Insulation Attic insulation must be installed if there is none present. Many homes were upgraded some years back when R19 was the norm. It's my understanding that these do not have … (0 comments)
capitola: Lenders new to the FHA 203k loan program in Santa Cruz
- 01/30/11 05:09 AM
Lenders from anywhere actually can benefit form the FHA 203k loan program by being prepared for the volume if they do some simple things. 1) Build your team wisely. Don't wait until you have some orders before you seek your "203k consultant". Interview them and see what they do for you to make these happen faster. If all they do is provide a bid spec and a draw request, I would keep looking. We have trained a good number of consultants across the nation since 1995 and we always teach them to "provide more than you expect". 2) Be prepared in … (1 comments)
The contractor doesn't need to post his permit card on the job for my 203k Oh yes he does. LOL, I have heard every possible story in the book. Just yesterday a contractor instructed one of our crew members that it wasn't necessary to post the job card on the house any longer, it just wasn't done in his county... I pulled this off his area permit site at his local jurisdiction:
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